Debt-to-equity of Medinotec Inc. from 31 Aug 2023 to 31 Aug 2025

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
Medinotec Inc. quarterly Debt-to-equity in % history and change rate from 31 Aug 2023 to 31 Aug 2025.
  • Medinotec Inc. Debt-to-equity for the quarter ending 31 Aug 2025 was 59%, a 43% decline year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Change (%)

Medinotec Inc. Quarterly Debt-to-equity (%)

Period Value YoY Chg Change % Date
Q3 2025 59% -45% -43% 31 Aug 2025
Q2 2025 78% -22% -22% 31 May 2025
Q1 2025 83% -12% -12% 28 Feb 2025
Q4 2024 102% +18% +21% 30 Nov 2024
Q3 2024 104% +21% +25% 31 Aug 2024
Q2 2024 99% 31 May 2024
Q1 2024 95% 29 Feb 2024
Q4 2023 84% 30 Nov 2023
Q3 2023 83% 31 Aug 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.